Discover Financial Services (DFS)
Market Cap | 43.38B |
Revenue (ttm) | 11.69B |
Net Income (ttm) | 3.11B |
Shares Out | 251.07M |
EPS (ttm) | 12.39 |
PE Ratio | 13.95 |
Forward PE | 13.76 |
Dividend | $2.80 (1.62%) |
Ex-Dividend Date | Nov 21, 2024 |
Volume | 1,968,589 |
Open | 172.76 |
Previous Close | 172.50 |
Day's Range | 171.76 - 173.64 |
52-Week Range | 85.20 - 188.26 |
Beta | 1.40 |
Analysts | Buy |
Price Target | 141.13 (-18.31%) |
Earnings Date | Oct 16, 2024 |
About DFS
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep ... [Read more]
Financial Performance
In 2023, DFS's revenue was $9.84 billion, a decrease of -9.99% compared to the previous year's $10.93 billion. Earnings were $2.86 billion, a decrease of -33.29%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for DFS stock is "Buy." The 12-month stock price forecast is $141.13, which is a decrease of -18.31% from the latest price.
News
Telered and Discover® Global Network Sign Strategic Alliance, Increasing Acceptance for Cardholders
RIVERWOODS, Ill., & PANAMA--(BUSINESS WIRE)--Today, Telered hosted representatives from Discover Global Network to mark the beginning of their work together. Telered, through the Sistema Clave system,...
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.
Discover® Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its k...
Discover Financial Services: Well-Positioned If The Acquisition Fails
Discover Financial Services is a strong investment with a P/E of ~10, robust credit metrics, and a 2% dividend, even if the Capital One acquisition fails. The company's 3Q24 results show nearly $1 bil...
New York Investigating Proposed Capital One-Discover Deal
New York Attorney General Letitia James is reportedly investigating Capital One's proposed acquisition of Discover Financial Services. James asked a court for permission to issue subpoenas to Capital ...
New York probing whether Capital One-Discover merger violates antitrust law
New York Attorney General Letitia James is investigating whether Capital One's proposed takeover of Discover Financial Services violates the state's antitrust law.
Discover CFO: Cautious Consumers Cause Slide in Card Volume
Discover Financial Service's third-quarter earnings results offered evidence that an acquisition by Capital One is on track. As for the state of the consumer, caution abounds, and many households are ...
Discover Financial Services (DFS) Q3 2024 Earnings Call Transcript
Discover Financial Services (NYSE:DFS) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants Erin Stieber - SVP, Financial Planning & Analysis and Investor Relations Micha...
Discover Financial, SEC Working to Resolve Misclassification Matter
The SEC's comments largely focus on the allocation of previously incurred card misclassification charges between revenue and expense, Discover said.
Discover Financial quarterly profit jumps on robust interest income, lower provisions
Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday.
Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue...
Discover Reaches Goal of 1,000 Active Jobs in the Chatham Area, Fulfilling 3-Year Commitment to Chicago's South Side
CHICAGO--(BUSINESS WIRE)--Discover® announced today that it has reached 1,000 active jobs as of this fall in the Chatham area. This achievement is a realization of its investment in people and its ong...
Dividend Stocks With Strong Q4 Seasonality
Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have bee...
Discover Financial Services Announces Third Quarter 2024 Earnings Release on October 16, 2024, and Conference Call on October 17, 2024
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its Third quarter 2024 results after the market closes on Wednesday, October 16, 2024. The earnings release w...
Discover Financial: A High-Return, Asset-Light Play With Big Growth Potential
Discover Financial Services offers high profitability, capital returns, and growth prospects, driven by its focus on high-margin credit card operations. DFS's robust capital position, profitability, a...
Good Value Despite Discover's Stalled Merger
Discover Financial Services enjoys consistent growth, a healthy balance sheet in spite of a merger that may not go through. Declining credit losses and the exit of the student loan portfolio are expec...
Ex-Discover Exec Sues to Recoup Pay Ahead of Capital One Merger
A lawsuit by a former Discover executive claims the company wrongfully revoked millions in compensation. The lawsuit, filed Wednesday (Sept.
Capital One slams 'speculative' consumer lawsuit over $35 bln Discover deal
Capital One and Discover Financial Services are defending their proposed $35 billion merger in a U.S. court, asking a Virginia judge to dismiss a consumer lawsuit that claimed the deal will reduce com...
DISCOVER FINANCIAL SERVICES INVESTOR REMINDER: Scott+Scott Attorneys at Law LLP Investigate Discover Financial Services' Directors and Officers for Breach of Fiduciary Duties – DFS
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Discover Financ...
KBW analysts recommend these 11 financial stocks after the market sell-off
As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with ca...
TNR, The Niche Research Reports: Discover the Surging Demand Fueling Nematicides Market Growth
Growth of Nematicides Market is Driven by the Increasing Prevalence of Nematode Infestations in High-Value Crops, Necessitating Effective Pest Management Solutions Growth of Nematicides Market is Driv...
Discover Financial Services Recognized as a 2024 Best Place to Work for People with Disabilities
RIVERWOODS, Ill.--(BUSINESS WIRE)--For the fourth straight year, Discover has earned a 100 score on the Disability Equality Index and been recognized as a 2024 Best Place to Work for People with Disab...